Replying to Avatar The Bulgarian Pork Whistle

Currently sending a significant amount of BTC from one address to another.

Watching the mempool like a hawk.

Ass is puckering.

This is why we haven’t got mass adoption in the self custody world 🌍

Finally…

Receive address is showing a *pending transaction*

Phew! 😮‍💨

Transaction confirmed 😅!

#UTXO #Bitcoin #Transaction #Mempool
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Arthur Morgan 3mo ago

It takes longer for a fiat transfer to show up. Maybe your perspective is just wrong, or you're new to it.

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The Bulgarian Pork Whistle 3mo ago

Yes, a fiat transfer takes longer (it can take 1 - 3 days normally)

I’m an old Bitcoin head

If you fuck up a bank transfer you call the bank up and get your money back.

If you fuck up a Bitcoin transfer there is ZERO recourse

This is the price we pay to be sovereign

10 minutes of watching mempool.space feels like eternity

This is a major reason why 1% of Bitcoiners are sovereign Bitcoiners

da
Rand 3mo ago

`1%, how do figure th@?

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The Bulgarian Pork Whistle 3mo ago

Extrapolating out using the numbers of hardware wallet owners globally. Could be less than ~1% of global BTC owners using fully secure self custody methods.

da
Rand 3mo ago

t Y*

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Arthur Morgan 3mo ago

Doesnt the tx go into the mempool immediately though? Your wallet should indicate the tx is there waiting pretty much immediately.